Question
On January 1, a corporation had 50,000 shares of common stock outstanding.On April 1, the company declared a 20% stock dividend, and on August 1,
On January 1, a corporation had 50,000 shares of common stock outstanding.On April 1, the company declared a 20% stock dividend, and on August 1, the company had a 3-for-1 stock split.On December 1, the company issued an additional 6,000 shares. What is the weighted average number of shares outstanding for the year?
186,000
180,500
156,000
50,000
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Cornerstones of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
4th edition
1305970667, 978-1337514842, 1337514845, 978-1305970663
